FURTHER CORRESPONDENCE BETWEEN REPRESENTATIVES OF
MICHELIN IN INDIANAPOLIS AND THE FIA FORMULA ONE RACE DIRECTOR

Letter from Representatives of Michelin to Charlie
Whiting, the FIA Formula One Race Director:

Sunday June 19 2005 Indianapolis

Charlie Whiting, FIA Race Director and
Safety delegate

Dear Mr Whiting

With references to our letter of June 18th and having collected the results of our in
depth analysis from France and the USA, we confirmed that with the tyres on which we have qualified we are not able to sufficiently
guarantee the total safety of the drivers.

As a result we reached the conclusion that we will not compete with these tyres in
the current configuration of the circuit.

We therefore reiterate our request to have a significant reduction of vehicle speed
in turn 12/13.

We request that the FIA consider favourably this request and we remain at your disposal for further
information.

We trust that the FIA can understand our position and we remain at your disposal if you want any further
information.

Letter from Charlie Whiting, the FIA Formula One Race Director, in reply
to above letter from Representatives of Michelin:

Dear Mr Dupasquier,Dear Mr Shorrock,

Thank you for your letter
of today's date.

As explained in our earlier letter, your teams have a choice of running more slowly in Turn 12/13, running a
tyre not used in qualifying (which would attract a penalty) or repeatedly changing a tyre (subject to valid safety reasons).